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OANDA Trading Asia markets update

Asia markets update The weekend headlines have not been a blessing for ‘risk sentiment” and while the optimist in me is siding on this too shall pass. But with markets closed in Japan, China and South Korea as a large part of Asia celebrates the Mid-Autumn festival, it impossible to gauge sentiment in these drastically…

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US-China trade war, yesterday’s news.?

US-China trade war, yesterday’s news.? The US stock markets catapulted to a new record high on Thursday as investors continued to sidestep fears over the escalating global trade war and instead focused on a boomy American economy. And at least for today anyway, US-China trade war was yesterday’s news. Make no mistake the US economy…

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US yields on a runner

US yields on a runner One could expect a bit of apprehension to enter the fray, and not just from a relief rally hangover, but local bond and currency traders could start looking over their shoulders at US 10y bond yields that have raced higher to 3.05 %. While everyone thought US bond yields could…

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Seeing the forest for the trees

Seeing the forest for the trees With trade war dominating the landscape, even more so after this morning’s US tariff headline, it’s easy to focus on markets from a one-dimensional perspective. But cross-asset trading is multidimensional and observing the more granular details can offer much-needed clarity in these difficult times. US Markets Certainly, Trade war…

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A bullish confluence in oil markets

SINGAPORE (Reuters) – Oil prices slipped on Thursday, although U.S. crude remained above $70 a barrel on the back of falling crude inventories and Brent was still close to $80 because of looming sanctions against Iran. Brent rose above $80 per barrel the previous session for the first time since May, spurred by expectations that…

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OANDA Market Insights podcast (episode 26)

OANDA Senior Market Analyst Craig Erlam and Head of Trading Asia Steve Innes review the week’s business and market news with Jazz FM Business Breakfast presenter Nick Howard. This week’s big stories: rate hike from the Bank of England, Apple market cap hits $1 trillion, China moves to shore up the yuan, and US job…

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Another strong US jobs report expected today

Markets pare tariff-related losses European equity markets are paring tariff-related losses at the end of the week, with indices around half a percent higher, while US futures look pretty flat ahead of the open on Wall Street and the closely watched jobs report. Trade wars have once again proven a distraction for investors this week,…

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Fed decision and US labour market in focus

US consumer data very healthy again in June The US will once again be a focus for investors on Wednesday, as we await labour market data from ADP and the latest interest rate decision from the Federal Reserve. This comes in a week in which we’ve already got some insight into US consumers, with income,…

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